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XRP Price Down Nearly 20% in One Week Following Regulatory Uncertainty
By Steve Muchoki
• 3 mins read
Despite the recent SEC vs Ripple summary judgment that largely ruled that XRP is not a security, the SEC has shown intentions to appeal its case in the 2nd Circuit.
US vs FTX SBF Case Update: Judge to Review Proposed Gag Order Ahead of October 2 Hearing
By Steve Muchoki
• 3 mins read
Former FTX CEO has been accused of intimidating the witnesses including Caroline Ellison by leaking personal information to the press to influence his trial.
Apple to Share Its Vision Pro Developer Kit with Application Builders, AAPL Shares Up 1%
By Steve Muchoki
• 3 mins read
Apple noted that only account holders in the Apple Developer Program can apply for the Vision Pro kit, which should be returned upon request.
Meta’s Threads Remains Huge Magnet to Advertisers from X Platform (Twitter), But It’s Early to Conclude
By Steve Muchoki
• 3 mins read
Although Threads is not expected to host ads anytime soon, experts believe the changing policies of the X platform make advertisers look into the former for diversity.
OpenSea Announces New Trading Feature Dubbed Deals
By Steve Muchoki
• 3 mins read
The OpenSea Deals feature is powered by Seaport protocol to enable P2P NFT trading at scale and securely.
Bitcoin Barely Scathed by High Impact of US Unemployment Claims as Fed Continues with Monetary Tightening Policies
By Steve Muchoki
• 3 mins read
Bitcoin dropped by just around 1 percent to trade around $29.9k on Friday despite the US unemployment claims coming in lower than expected.
Johnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly
By Steve Muchoki
• 3 mins read
The pharmaceutical segment reported the highest sales with about $13.71 billion, followed by MedTech with a total sales of about $7.78 billion, and the remaining accrued from the consumer health segment.
Netflix Shares Drop 8% after Reporting Mixed Q2 2023 Earnings
By Steve Muchoki
• 3 mins read
Netflix announced that it anticipates yearly free cash flow of about $5 billion as its subscription increased by 8 percent during the second quarter.
Carvana (CVNA) Shares Jump Over 23% after Announcing Debt Reduction Deal and Record Q2 Earnings
By Steve Muchoki
• 3 mins read
Carvana announced that it had signed a deal with noteholders to reduce its total debt outstanding by over $1.2 billion, which strengthens its financial position.
Microsoft (MSFT) Shares Gain 4% after Unveiling Bing Chat Enterprise and Microsoft 365 Copilot Pricing
By Steve Muchoki
• 3 mins read
The company announced that the Microsoft 365 Copilot will be priced at $30 per user, per month for Microsoft 365 E3, E5, Business Standard, and Business Premium customers.